LIBERAL REPUBLICAN PARTY, a party organized in 1872 by Republicans who were dissatisfied with General Grant's first administration as President. At a convention held by them in Cincinnati, in that year, Carl Schurz was elected its president, and a platform adopted demanding civil service reform, local self-government, and universal amnesty, recognizing the equality of all men, recommending the resumption of specie payment, etc. Horace Greeley and B. Gratz Brown were named for President and Vice-President. This platform and these nominations were adopted by the regular Democratic convention of that year, but dissensions arose, and other candidates were nominated, the result being that the Republican nominee, General Grant, was elected by an overwhelming majority and the Liberal Republican Party was thereafter practically dead.